Wyeth Nutrition, the infant formula company bought by Nestle last year, is cutting prices in China, the first such move since it was one of five foreign infant milk formula companies put under investigation for possible price-fixing. ...
Tags: infant formula, milk powder
After undertaking an in-depth programme of market research and interviews with stakeholders in various sectors, the organisers of the Intertextile Apparel Fabrics fairs have decided that Intertextile Beijing Apparel Fabrics will now be held ...
Tags: Intertextile, Apparel
China sold US$2.1 billion in government bonds in the Hong Kong market on Wednesday despite the recent cash crunch in the mainland money market that spooked investors this week, Reuters reported. Demand for the yuan-denominated bonds was ...
Tags: HK Bond Market, cash crunch
The 2013 Shenzhen International Textile and Accessories Fair, sponsored by the China International Trade Promotion Committee branch of the textile industry, the Shenzhen Garment Industry Association and Messe Frankfurt (HK) Co. Ltd., will ...
China Mengniu Dairy is set to purchase a 75.3% stake in Yashili International for $1.6bn from its controlling shareholders, Zhang International Investment and CA Dairy Holdings. Yashili is currently one of the largest domestic pediatric ...
Tags: Mengniu Dairy, Yashili
China Mengniu Dairy has agreed to acquire 75.3% stake in infant formula manufacturer Yashili, from chairman Zhang Lidian's family and Carlyle Group, for HK$12.5bn ($1.6bn). As part of this transaction, Yashili's controlling shareholders, ...
Tags: Agriculture, Food
Union Petroleum and Natural Gas Minister M Veerappa Moily has assured the weavers of Karnataka of full support from the Indian Government for the development of the sector and weavers' welfare. Speaking at the inauguration of golden ...
Tags: Textile
A defiant Edward Snowden resurfaced in Hong Kong today vowing to fight any U.S. efforts to extradite him on charges that he leaked classified documents describing two secret government data collection programs. In comments to the South ...
Tags: NSA, Classified Data, Edward Snowden
China Taiping Insurance Group has injected its core assets into its Hong Kong-listed unit for a long-planned overall listing in Hong Kong. China Taiping Insurance Group announced a restructuring and name change as part of its efforts to ...
Tags: Insurance, HK Listing
A testing conducted to assess the use of sulphur dioxide in meat revealed that all 140 fresh meat samples passed the test, according to Hong Kong's Center for Food Safety (CFS) of the Food and Environmental Hygiene Department (FEHD). The ...
Tags: Meat, Sulphur Dioxide
The Guangzhou International Lighting Exhibition is organized by Messe Frankfurt (HK) Limited at China Import and Export Fair Pazhou Complex, Guangzhou, China. It is known as largest lighting exhibition in Asia and is the second largest in ...
Tags: Footprints
Interstoff Asia Essential, Hong Kong’s leading trade fair for fashionable, functional and eco textiles and accessories, returns from 25 – 27 September 2013. Held at the Hong Kong Convention & Exhibition Centre in halls 5B & C, ...
Tags: Interstoff, Apparel, Hong Kong
As the domestic textile market goes from strength to strength, suppliers continue to seek new market opportunities in China. This year, nearly 600 exhibitors will use the Intertextile Pavilion at the Shenzhen International Trade Fair for ...
Tags: Intertextile, Textile
Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering
Once again Intertextile Beijing Apparel Fabrics proved its position as a highly valued entry point to the Chinese market for overseas exhibitors. Buyers’ feedback confirmed the increasing domestic purchasing power of consumers, as ...
Tags: Intertextile, Apparel Fabrics